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Aug 15, 2012
08/12
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so the fed will stand back and say what message am i sending in an election year very close to the election. >> there was some changing hands. china has been selling and japan has been buying. >> kathy, good to see you, always good to have you here, as we head towards the close, it's another one of those days, it feels like august, low lu
so the fed will stand back and say what message am i sending in an election year very close to the election. >> there was some changing hands. china has been selling and japan has been buying. >> kathy, good to see you, always good to have you here, as we head towards the close, it's another one of those days, it feels like august, low lu
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Dec 26, 2012
12/12
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the big day is the september 11th elections in germany and germany could be harder after the election. in the first half is the sent ceiling discussion and finally profits, personal income and production, if those can do better than the markets can lift but right now the view is for a nothing market from here till year end. once the seasonal increases go away, we could have tax increases rand spending cuts if we get a deal. why is that going on a headwind for the stock market? >> i think it will be. if the taxes go up, i think that's something that hurts consumer confidence. you've seen the retail sales in the last part of this season here, have sold off, and many people have said it's because of the fiscal cliff. >> kind of depressing when you say it's a nothing market between now and the end of 2013. how do you make money, if you want to see it's going to be a -- >> he knows rhyme going to say buy apple. it's up 20%, up 50% and some off a little bit. if it sells off, you'll have nice dividend stocks like ant anti--sizer, the subplatform of all of the smartphones. >> there's way to m
the big day is the september 11th elections in germany and germany could be harder after the election. in the first half is the sent ceiling discussion and finally profits, personal income and production, if those can do better than the markets can lift but right now the view is for a nothing market from here till year end. once the seasonal increases go away, we could have tax increases rand spending cuts if we get a deal. why is that going on a headwind for the stock market? >> i think...
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Nov 14, 2012
11/12
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just since the election, that's 4% declines since the election on november 6th. what do you want to do here? do you want to put money in the market? >> i think you have to put money in the market but what you said is true. the market overall this year is up 7%. that's 7% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%. >> you're saying to buy into this selloff? >> i think you have to buy into it. where are you going to put your money? most of the money is going into fixed income. that's just crazy. we know future interest rates are going to go higher. that's not going to hurt corporations. it's not going to hurt profits, but what it is going to do is hurt the individual investor. they should be in equities. when you look at the dividend plays out there, it's crazy not to be. >> boy, when it comes to the markets, michael, you could not have a more different point of view, could you? >> we have a
just since the election, that's 4% declines since the election on november 6th. what do you want to do here? do you want to put money in the market? >> i think you have to put money in the market but what you said is true. the market overall this year is up 7%. that's 7% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%....
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Nov 8, 2012
11/12
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gold was the story before the election. the argument was we were electing a president and a monetary policy. we elected the president that's going to continue the easy monetary policy. gold has been one of the few things that's been working through the election. i suspect it will continue to. >> all right. jeff, in the energy complex itself, what's the best opportunity right now? is it crude? is it heating oil? is it natural gas? what are you looking at? >> if you're a weather player, you certainly want to buy the heating oil. the way we've seen the last couple of days here, the weather has been very unpredictable. that's sort of like the lottery ticket. i would tend to think you can buy heating oil, you can buy gas, buy crude. all on dips here. you're looking for a pop here. again, hopefully we don't have anything that's tragic but could be that wild, crazy weather scenario that could play in this year. >> try to anticipate the unanticipatable. >> something to that effect. >> thank you. see you later. >> meanwhile, bill, e
gold was the story before the election. the argument was we were electing a president and a monetary policy. we elected the president that's going to continue the easy monetary policy. gold has been one of the few things that's been working through the election. i suspect it will continue to. >> all right. jeff, in the energy complex itself, what's the best opportunity right now? is it crude? is it heating oil? is it natural gas? what are you looking at? >> if you're a weather...
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Jun 11, 2012
06/12
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the upcoming election. >> big election on sunday. is the reality finally setting in for wall street? we asked bob pisani and david kelly, steve liesman joins us as well and rick santelli as well. steve, why did this blouailout l to impress? >> subordination is part of it. >> explain that. >> the idea as a private investor i would come in behind the european governments who would be helping out spain. so it doesn't really present a clear path here. which is that what we know now if you give money to spain, spanish banks, spanish banks can buy government debt. who else will buy government debt and come in behind the european assistance out there? i think that's a big part of the problem. plus, i think it is failure to follow up there is no bigger talk of a larger coming together in europe. what i have -- said for a long time, every time they stabilize the situation, you see the stabilize at a lower level from where they were. which just -- goes to show you they remain continuously behind the market. >> rick santelli. i mean, we knew th
the upcoming election. >> big election on sunday. is the reality finally setting in for wall street? we asked bob pisani and david kelly, steve liesman joins us as well and rick santelli as well. steve, why did this blouailout l to impress? >> subordination is part of it. >> explain that. >> the idea as a private investor i would come in behind the european governments who would be helping out spain. so it doesn't really present a clear path here. which is that what we...
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Nov 1, 2012
11/12
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then you have the election. warren, what about that? what's the betting on the floor in terms of the election? >> to be honest, i think the reaction you're going to get regardless of the outcome is going to be very similar. i think people have come to realize the job is maybe bigger than the individual man. until one side or the other can show they can get the parties to work together, i think you're going to get a muted reaction. >> very good. thank
then you have the election. warren, what about that? what's the betting on the floor in terms of the election? >> to be honest, i think the reaction you're going to get regardless of the outcome is going to be very similar. i think people have come to realize the job is maybe bigger than the individual man. until one side or the other can show they can get the parties to work together, i think you're going to get a muted reaction. >> very good. thank
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May 2, 2012
05/12
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this inability to make any decisions here because they are uncertain about the tax issue ahead of the election. they are uncertain about what is going on in europe. rick, it seems like we're not going to see a lot happen until after november at this point. what's so troublesome in europe from your standpoint? >> the best analogy is the subprime and how that was instrumental to the moving parts in the credit crisis. right up until the whole point of the thing falling in on itself, ben bernanke thought subprime wasn't enough to make a difference. we don't export boatloads to europe, but there's a bigger issue. there's a contagion issue, counterparty risk. i think it's a big unknown and on this unknown, if history teaches us something, it's that the global dynamics are in place and unless the recession is shallow and short. >> and that's the fear trade, the european trade, fundamental trade and i want to highlight what you've mentioned, bob. expectations, we kept saying, expectations are going to have to come down because the earnings are not going to meet that lower expectations and they have ex
this inability to make any decisions here because they are uncertain about the tax issue ahead of the election. they are uncertain about what is going on in europe. rick, it seems like we're not going to see a lot happen until after november at this point. what's so troublesome in europe from your standpoint? >> the best analogy is the subprime and how that was instrumental to the moving parts in the credit crisis. right up until the whole point of the thing falling in on itself, ben...
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Jun 4, 2012
06/12
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and i think many just have looked at the first stimulus and believed that we have elections coming up. it is not that building some roads is a bad idea, but i think that the general taxpayer has real mistrust that the government can pull these programs off without significant -- >> i agree with that. i think we should be -- i argued this two or three years ago that what the obama administration wanted to do, if it wanted to spend money is that if it has efficacy and smart small and build bigger, but the idea if you ask the average american, does government spending do any good, does government do any good and the answer is no, is bad for the economy, bad for the country because one of the things i know rick having travel aid broad, is in fact one of the things that separates this country from other countries, is our government. and our ability to do things and a big problem is that nobody believes in it any more. >> good point, guys. >> thank you, good stuff. they were actually civil to each other. that was nice. >> steve and rick, thank you guys? >> heading toward the close with abou
and i think many just have looked at the first stimulus and believed that we have elections coming up. it is not that building some roads is a bad idea, but i think that the general taxpayer has real mistrust that the government can pull these programs off without significant -- >> i agree with that. i think we should be -- i argued this two or three years ago that what the obama administration wanted to do, if it wanted to spend money is that if it has efficacy and smart small and build...
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Mar 12, 2012
03/12
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this week in terms of what we might see market moving activity as we continue these contests for the election? >> sure hurricane the big thing i'm looking at here, maria, this week, starting today these fed stress tests here in washington. all eyes are on the fed waiting for something as early potentially today, maybe something earlier in your show even, get the metrics from the fed, the measurements by which they judge these banks. remember the 19 big banks subject to the full test and expected to see this go on as an annual exercise in washington. this will be the first real thorough run through we have had under the dodd frank. people have been pushing back sake the adverse scenario in these tests is really, really adverse. if it looks like the banks can't handle it well, don't be that worried, even much worse than what happened in real knit 2008. that is the big focus of attention here the next couple of hours in washington. >> we are talking real stress, bill, 13% unemployment. >> exactly. >> very, very severe conditions. >> almost analogous to a ten-point earthquake. >> right. >> certai
this week in terms of what we might see market moving activity as we continue these contests for the election? >> sure hurricane the big thing i'm looking at here, maria, this week, starting today these fed stress tests here in washington. all eyes are on the fed waiting for something as early potentially today, maybe something earlier in your show even, get the metrics from the fed, the measurements by which they judge these banks. remember the 19 big banks subject to the full test and...
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Apr 18, 2012
04/12
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but in a side bar today is a french election. i've heard more traders talking about the implications of sarkozy losing which is something that you don't hear, people talking french politics down here. the earnings have been sort of unremarkable but okay, particularly in light of the way oil prices have risen. but people are still focusing on the macro and another piece of information that people are starting to look ahead to is what is going to happen with the fed come june because the wall street likes stimulus. >> of course it does. >> wouldn't you say -- we have all of these issues in europe. slowly but surely, the market sees through it and go through a horrendous recession but at the end we're going to be fine. right? i mean, look at the moves that we've seen in spanish auctions and spanish yields in the last couple of weeks and the market went down but not like we've seen a year ago. >> there's no question that the tape is painting a different picture than last year. the investors are not going to get caught last year where
but in a side bar today is a french election. i've heard more traders talking about the implications of sarkozy losing which is something that you don't hear, people talking french politics down here. the earnings have been sort of unremarkable but okay, particularly in light of the way oil prices have risen. but people are still focusing on the macro and another piece of information that people are starting to look ahead to is what is going to happen with the fed come june because the wall...
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Jul 3, 2012
07/12
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i don't think they're expecting an agreement by the election which leaves us one month by the end of the year for these things to reverse. >> it would be ideal if an agreement could be reached, even for a set of temporary measures, not for longer term, not substance or extension. it would remove that uncertainty. it would consolidate confidence, which is so necessary. i suppose most players, because of the difficult to cooperate, let's call it that way, assume that there will be a few tricks used by the treasury -- not tricks, but tools used legitima legitimately to push off into early 2013, the critical time, so that the country's past the election and more serious things perhaps can be decided. but from our point of view, removing uncertainty as early as possible, so that the threat is removed, would be fantastic. >> it seems that you agree with those who say, look, it's not all on the central bank. we need fiscal change in terms of really making a dent in terms of what's happening in the world today. >> yeah. a lot has been done in terms of monetary policy and well done. i'm sure
i don't think they're expecting an agreement by the election which leaves us one month by the end of the year for these things to reverse. >> it would be ideal if an agreement could be reached, even for a set of temporary measures, not for longer term, not substance or extension. it would remove that uncertainty. it would consolidate confidence, which is so necessary. i suppose most players, because of the difficult to cooperate, let's call it that way, assume that there will be a few...
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Nov 14, 2012
11/12
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i think we are just dealing with the aftermath of the election. this is not unexpected. it is the same old rhetoric, the same from two years ago, three years ago. the market has become hostage once again. will or will we resolve the fiscal cliff issue? it will probably drag it out until the 11th hour. liz: will the market remain hostage until the 11th hour? >> in my opinion, absolutely. just fold your hand and walk away trying to do anything here. nothing to do with the corporate fundamentals, all to do with the politics and really unfortunate, but the games continue. almost as if somebody said let's the games begin. listen to the rhetoric. if you go back to the first two or three minutes of the obama presidency in 2009 when the market rolled off almost 15% which turned out to be the capitulation phase in 2008, was a disaster two or three months and until the tone change in washington, we did not get any help. melissa: we had the word israel killed military leader. there was video from the air, so looking at oil if it higher. are we not? >> it was kind of strange because
i think we are just dealing with the aftermath of the election. this is not unexpected. it is the same old rhetoric, the same from two years ago, three years ago. the market has become hostage once again. will or will we resolve the fiscal cliff issue? it will probably drag it out until the 11th hour. liz: will the market remain hostage until the 11th hour? >> in my opinion, absolutely. just fold your hand and walk away trying to do anything here. nothing to do with the corporate...
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the question is what comes after the election. if you get a very divisive outcome, the risks of this -- ironically, one way they might want to consider doing that is lowering allocations to stocks and bonds in the u.s. and increasing international exposure. liz: international exposure. that's something people can do without waiting. you believe that no matter who becomes president, people's money can really grow? >> yes. one of the things people should keep in mind is that they have done very well the last few years. the u.s. has outperformed for good reason. we are shifting to an environment where the u.s. may be a bigger source of rest. in addition, they are not that cheap against other markets. we like northern europe, we'd like asia, we buy commercial markets. liz: we have brazil on a couple of these funds. why brazil? >> brazil is an interesting play. the stocks are very cheap. they trade for about less than 10 times earnings, and one of the things we like about it is the real evidence of structural reform. we see monetary po
the question is what comes after the election. if you get a very divisive outcome, the risks of this -- ironically, one way they might want to consider doing that is lowering allocations to stocks and bonds in the u.s. and increasing international exposure. liz: international exposure. that's something people can do without waiting. you believe that no matter who becomes president, people's money can really grow? >> yes. one of the things people should keep in mind is that they have done...
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Jul 26, 2012
07/12
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the elections are a strange psychology, but as we get closer to the election and have a bett better idea of who is winning, and the market will adjust with the encertainly being removed. >> we have another miss here on starbucks, gentleman. reporting earnings here -- and facebook revenues also at $1.18 billion on facebook revenue. we were looking for $1.15 million. the stock takes a hit right off the bat, and fb numbers coming out. let me get the facebook story and come back and talk about starbucks. >> thanks, that's right, facebook revenue coming in stronger than expected at $1. 18 billion. that is slightly greater than consensus. that eps number coming right in line with expectations, 12 cents per share, now looking and there is some big charges, if is effecting gap eps. looking sat some of the key numbers here, we have the monthly active users of 955 million. that's an increase from a quarter ago. daily active users is 552 million. and most recent quarter, and mobile active users 543 million. that is obviously an area why facebook starts so show real monotiization and get the full re
the elections are a strange psychology, but as we get closer to the election and have a bett better idea of who is winning, and the market will adjust with the encertainly being removed. >> we have another miss here on starbucks, gentleman. reporting earnings here -- and facebook revenues also at $1.18 billion on facebook revenue. we were looking for $1.15 million. the stock takes a hit right off the bat, and fb numbers coming out. let me get the facebook story and come back and talk...
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march and at the same time, we decided it was a good time and i will tell you again why, because of tax elections that we accelerated or prepaid eight set the dividend that would have been due for all of 2013 and 2014. we prepaid to q4 of 2012. we estimate that those other eight dividends that would be due in 2012, 2013, 2014 would be about a dollar. we will prepaid this year. the motivation for that was very clear. we have always believed in sharing our success with our shareholders. we have been giving dividends since 2003. liz: let's explain what you do for people that do not know. you make our code readers, you have vision sensors. you are pushing forward about $4300 to shareholders. do you worry, bob, that there is a deal that has eventually struck before december 301 and that you are stuck for two years without dividends are what you then start paying more dividends? >> i would not see it as being stock. [talking over each other] >> they would rather have cash now. let us say that the tax rate does not change, nobody is going to complain about getting their dividend $1.112 years earlier tha
march and at the same time, we decided it was a good time and i will tell you again why, because of tax elections that we accelerated or prepaid eight set the dividend that would have been due for all of 2013 and 2014. we prepaid to q4 of 2012. we estimate that those other eight dividends that would be due in 2012, 2013, 2014 would be about a dollar. we will prepaid this year. the motivation for that was very clear. we have always believed in sharing our success with our shareholders. we have...
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Mar 21, 2012
03/12
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. >> what kind of event will the election in november have on the market? do you think this is going to be a catalyst for stocks, or not? >> i think the actual election itself may not be a catalyst for stocks because it's going to put front and center the fiscal debate that we have to have. >> so that could be a negative? >> potentially could be a negative. i think the run-up to the election will be a positive. >> what do you think? >> for the platform presented regarding taxes by the president's administration, as we get closer, i would say they would put pressure on that. >> let's face it, he wants to let the bush tax cuts expire and that includes crippling dividend taxes? >> yes. and dividends have been the most popular place for the equity to go. i think that's a big stumbling block. >> earlier i didn't think pes would expand from here and that was driving my thinking. >> right. >> that's a big issue. >> henry said energy, selected stock picking, are there areas that you're exposed to right here? >> we still like consume discretionary, technology as wel
. >> what kind of event will the election in november have on the market? do you think this is going to be a catalyst for stocks, or not? >> i think the actual election itself may not be a catalyst for stocks because it's going to put front and center the fiscal debate that we have to have. >> so that could be a negative? >> potentially could be a negative. i think the run-up to the election will be a positive. >> what do you think? >> for the platform...
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we head into tuesday, we've got the elections. still neck-and-neck depending on which poll you start looking at. at this point right now it is somewhat positive or encouraging to see that what we've been through so far this week, the two days off, relatively quiet day yesterday. it seems like the dust has settled, and the money is starting to come slowly back on a short-term basis into this market here. liz: let's hope so. but it's slowly but surely. kevin down at the cme, you know, you can look at things from gasoline and oil inventories, which surprised at least -- [inaudible] -- for oil inventories the expectation was to see a build of 2.3 million barrels, what we got was a drawdown which should be bullish for prices of about 2 million, and what do we see in we do have crude just up slightly, nothing too dramatic. what was the trading feel today? >> yeah, i think when you look at commodities in general, and particularly what happened earlier in the week you saw a little bit of money coming off the side lines. i agree with your
we head into tuesday, we've got the elections. still neck-and-neck depending on which poll you start looking at. at this point right now it is somewhat positive or encouraging to see that what we've been through so far this week, the two days off, relatively quiet day yesterday. it seems like the dust has settled, and the money is starting to come slowly back on a short-term basis into this market here. liz: let's hope so. but it's slowly but surely. kevin down at the cme, you know, you can...
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Apr 26, 2012
04/12
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>> yes. >> are you expecting the election to be a catalyst? do you think that we will see the bush tax cuts expire, and will that have a big impact on the economy? >> well, all the pillars of business, whether they be tax, regulatory, trade, education, which has also got long-term ramifications, health care like mr. gorsky was talking about earlier, all of these things are in a period of time where both sides of the aisle find it hard to find consensus-driven answers, and i think in the year of election politics we're going to get a lot of talk, maybe very little action. the good thing about what's happening in the u.s. is actually the natural gas boom and the stabilization of energy prices within the economy, and if you're an exporter and dow is the nation's seventh largest exporter, so we -- we have a very big export machine. with the dollar where it is, with labor costs coming down, although that's not a big part of our equation but certainly labor costs coming down, with energy being so low, actually it overcomes the uncertainty around tax
>> yes. >> are you expecting the election to be a catalyst? do you think that we will see the bush tax cuts expire, and will that have a big impact on the economy? >> well, all the pillars of business, whether they be tax, regulatory, trade, education, which has also got long-term ramifications, health care like mr. gorsky was talking about earlier, all of these things are in a period of time where both sides of the aisle find it hard to find consensus-driven answers, and i...
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Nov 1, 2012
11/12
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the election. we feel the view -- if the polls come out, showing the republicans, democrats and finally, europe. don't forget europe. >> we ran out of time. let me ask you all, broadly speaking. do you think this hurricane impacts the election, and tuesday, what do you think the markets -- how do the markets react wednesday after the election. ward? >> obviously it depends on who wins. i think that is -- the way the markets are trading these days, if mitt romney wins, the market will expect a faster improvement in the economy than if barack obama is re-elected. i think that's probably the right way to look at it. >> all right. we'll leave it there. gentlemen, thank you very much, we appreciate your time tonight. we had a little bonus time there. i'm glad we got to that question. up next, my thoughts on leaders rising in the aftermath of super storm sandy. and a concert benefiting victims of sandy. bon jovi, christina aguilera. you can catch them tomorrow night at 8:00 p.m. join us for this special
the election. we feel the view -- if the polls come out, showing the republicans, democrats and finally, europe. don't forget europe. >> we ran out of time. let me ask you all, broadly speaking. do you think this hurricane impacts the election, and tuesday, what do you think the markets -- how do the markets react wednesday after the election. ward? >> obviously it depends on who wins. i think that is -- the way the markets are trading these days, if mitt romney wins, the market...
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Feb 14, 2012
02/12
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samaras who on sunday said he would seek to renegotiate the deal after the election. credibility issue is high. nonetheless, did have a positive effect on the markets. take a look at some of the by and large the big movers, materials, financials, industrial weaker the last day or so, you can see only ended down a bit here. these were much weaker numbers just one hour before. finally in the materials sector, home building sector, looking for turn around in housing, you weren't going to hear it from masco, plumbing a weak area of the market, also cabinetry making. looking for bottom in housing, masco up 50% since middle of december. >> we'll watch that, bob thanks so much. bob pisani. more details on the news out of agrees. simon hobbs has the details. >> phenomenal rally as bob highlighted, maria, gain of around 80 points from the lows of the session right back up to the fatlat line on the dow, because this character samaras will probably be the next prime minister after the next election, and last wednesday it was one of the two extra conditions that the rest of europ
samaras who on sunday said he would seek to renegotiate the deal after the election. credibility issue is high. nonetheless, did have a positive effect on the markets. take a look at some of the by and large the big movers, materials, financials, industrial weaker the last day or so, you can see only ended down a bit here. these were much weaker numbers just one hour before. finally in the materials sector, home building sector, looking for turn around in housing, you weren't going to hear it...
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Jun 4, 2012
06/12
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we don't see policy makers in the position to do anything substantive until it got through the greek elections, through the meeting on the 22nd, gotten through the full eu summit and there is a sa whole host of problems in the banking system and more broadly with competitiveness in europe. they are not easily solved. my guess is we have rough times around earning expectations. the growth numbers will probably continue to get worse from a global perspective. and there's no policy put that going to come due or get exercise tomorrow. so with all that in mind, we're hard pressed to see how the market stops any place of 1200 or in the next month and a half or so. >> so we're at 1278 right now on the s&p. >> correct. certain lir certainly, the issue that we have when you look at the periods of financial oppression in the past and there is extraordinary intervention in the markets, what happens is a pe ratio couldn't bottom out until the feds started normalizing policy. with that in mind, what tended to happen at the end of qe 1 and qe 2, the relative stocks to bond, what took early in the program, c
we don't see policy makers in the position to do anything substantive until it got through the greek elections, through the meeting on the 22nd, gotten through the full eu summit and there is a sa whole host of problems in the banking system and more broadly with competitiveness in europe. they are not easily solved. my guess is we have rough times around earning expectations. the growth numbers will probably continue to get worse from a global perspective. and there's no policy put that going...
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Dec 31, 2012
12/12
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most of the the seiders, our elected officials are in d.c. on this new year's eve with a heat lamp of the media and constituents on them right now. what will they do? we are joined right now. we kept grabbing people. representative, a democrat from california. thank you so much for joining us . we have less than nine hours to go. tell me, what do you think will happen? >> let's be hopeful. let's be hopeful that we did a good, balanced deal. the ceos of looking for a balanced deals. i think there is one to be had. we have to pick a number where we have adequate revenues, somewhere above 250,000. okay. as a number. then on the cut side, keep in mind that in the budget control act of this year we have already well over a trillion, nearly a trillion 3-$400 billion of cuts already to take place. this sequestration is in addition to that. there are serious cuts coming down. they have to be done wisely, and that is why sequestration is a problem because it is not a wise way to make cuts. liz: i know you well because i'm from california. of watch you
most of the the seiders, our elected officials are in d.c. on this new year's eve with a heat lamp of the media and constituents on them right now. what will they do? we are joined right now. we kept grabbing people. representative, a democrat from california. thank you so much for joining us . we have less than nine hours to go. tell me, what do you think will happen? >> let's be hopeful. let's be hopeful that we did a good, balanced deal. the ceos of looking for a balanced deals. i...
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141
Dec 27, 2012
12/12
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obama was elected with a surplus of about 3 million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented to him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself, but, again, i guess with the dysfunctional republican caucus in the house even the speaker can't tell what he's going to do because he backed off even his own proposal. mr. president, the house, we hear this so often, is controlled by the reap warnings and we acknowledge that. i would be most happy to move forward on something that senator mcconnell said they wouldn't filibuster over here that he would support and that boehner would support, if it were reasonable, but right now we haven't heard anything. i don't know, and it's none of my business, i guess, although i am very serious, if the speaker and the majority leader, the republican leader over here are even talking. i mean, what's going on here? mr. president, you can't legislate with y
obama was elected with a surplus of about 3 million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented to him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself, but, again, i guess with the dysfunctional republican caucus in the house even the speaker can't tell what he's going to do because he backed off even his own proposal. mr....
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Oct 29, 2012
10/12
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scott, the last one before the election. >> that could have a big impact. but there's another thing we haven't really thought about here, wednesday is end of month. you can't keep these things shut for that long. we have end of month and jobs report. we will have to start getting things back on-line very soon. sandra: what do traders want to see ultimately the exchange do as far as trading is concerned? >> we would like to be open. it is also a good advertisement for open outcry, we're standing out here with these funny color jackets on but we want to make sure the public knows we're here and open for business. sandra: that's it. energy is still trading on the globe-ex electronically. only 45 minute break between 5:15 and 6:00 p.m. eastern time, that's still plan as scheduled. trading will begin in energy and gold market tonight. that is if the cme doesn't change things between now and then. we will keep everybody updated on that. liz: thank you very much. neil cavuto will have those globe-ex trades coming up tonight at 7:00 p.m. we have some breaking news.
scott, the last one before the election. >> that could have a big impact. but there's another thing we haven't really thought about here, wednesday is end of month. you can't keep these things shut for that long. we have end of month and jobs report. we will have to start getting things back on-line very soon. sandra: what do traders want to see ultimately the exchange do as far as trading is concerned? >> we would like to be open. it is also a good advertisement for open outcry,...
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256
Mar 9, 2012
03/12
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so we won't worry about the countries being insolvent, coming from france, greece, elections. oil prices now high and rising. in my view short of a conflict in the middle east, the covert war between israel and iran and u.s. will lead eventually to oil prices being higher. the $4 already is hurting the consumers. the u.s. data starting to look more mixed. the labor market is improving. but the indicators from the aggregate demand is weak. after the expiration of the tax breaks, causing home prices still down, exports are still down. so i see still a very anemic economic recovery. >> the whole world is slowing down. now with this latest element of higher oil prices, it's anybody's guess whether or not we tip back into a slowdown. >> yes. we don't know whether there's going to be a war or not. but short of a military conflict, it's not just iran and israel, you have tunisia, egypt, libya, now syria, a civil war, yemen, unrest in minorities there, shiite from bahrain, and the sunni. turkey and iran, between turkey and israel, between israel and palestinians. let alone pakistan an
so we won't worry about the countries being insolvent, coming from france, greece, elections. oil prices now high and rising. in my view short of a conflict in the middle east, the covert war between israel and iran and u.s. will lead eventually to oil prices being higher. the $4 already is hurting the consumers. the u.s. data starting to look more mixed. the labor market is improving. but the indicators from the aggregate demand is weak. after the expiration of the tax breaks, causing home...
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Oct 5, 2012
10/12
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. >> they want to slow the economy before the election. if you don't believe that, then i have a bridge i want to sell you in brooklyn. that is what the republican obstructionists in congress have been about. you can create excluses for thee guys if you want, but the fact of the matter is every single jobs bill the republicans in congress have voted against. >> carly, what do you say to that? >> wow. you know, first of all, i thought the democrats couldn't get much lower when harry reid took to the floor of the u.s. senate and accused governor romney of not paying taxes for ten years. last week, nancy pelosi implied that there was no security at the embassy in libya was because the republicans had employed cuts in that area. they understand the economy is not helpful to them. i would remind the governor that the republican congress has spent many, many job creating bills to the democratically controlled senate and harry reid has refused to let them get to voted on. >> governor romney, the consensus is he came out ahead in the debates. do y
. >> they want to slow the economy before the election. if you don't believe that, then i have a bridge i want to sell you in brooklyn. that is what the republican obstructionists in congress have been about. you can create excluses for thee guys if you want, but the fact of the matter is every single jobs bill the republicans in congress have voted against. >> carly, what do you say to that? >> wow. you know, first of all, i thought the democrats couldn't get much lower when...